Short

HelenP. I Japanese Yen may continue to fall and achieve support

Hi folks today I'm prepared for you JAPANESE YEN analytics. The Japanese Yen created a support zone of 134.05-133.70, from which started to grow the and form Elliott Waves. The price rose to mark 136.30 (1 wave) and after a downward correction, rose (2 wave) broke through the level of 137.35 and continued the local uptrend (3 wave). The Japanese Yen declined (wave 4), retested current support, and continued to rise. The price rose to the level of 140.90, where the 5th wave was completed, and after a re-test resistance, it started to decline. After a slight upward correction, the Japanese Yen continued to move down. Now the uptrend may be completed, and the price may continue to decline. I hope that the Japanese Yen may start a local downtrend, or may make a deep downward correction to support at level 137.35. Therefore, goals will be set at levels 138.50 and 137.35. If you like my analytics you may support me with your like/comment ❤️

FirstNameHelen

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FirstNameHelen

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